Search for a Historically Relevant Firm Theory:

Return on a Review of the General Motors/Fischer Body (1926) Case of Vertical Integration
By Michael Dietrich, Jackie Krafft

The article analyzes whether the economics of the firm is, or can be, historically relevant. To answer this question, the well-known historical case of the Fisher Body-General Motors vertical integration is revisited. The opening of the archives related to this case gives a major opportunity to reconsider the case, and to propose new guidelines for a historically relevant theory of the firm. JEL codes: L20, N80, O30


  • vertical integration
  • theory of the firm
  • historical relevance and empirical relevance
  • Body Fisher-General Motors
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